Category Archives: Form 720 Quarterly Excise Tax Efile

Patient-Centered Outcomes Research Trust Fund Fee

The Patient-Centered Outcomes Research Trust Fund fee is a fee on taxexciseissuers of specified health insurance policies and plan sponsors of applicable self-insured health plans that helps to fund the Patient-Centered Outcomes Research Institute (PCORI). The institute will assist, through research, patients, clinicians, purchasers and policy-makers, in making informed health decisions by advancing the quality and relevance of evidence-based medicine. The institute will compile and distribute comparative clinical effectiveness research findings.

The Affordable Care Act added a patient-centered outcomes research (PCOR) fee on health plans to support clinical effectiveness research. The PCOR fee applies to plan years ending on or after Oct. 1, 2012, and before Oct. 1, 2019. The PCOR fee is due by July 31 of the calendar year following the close of the plan year. For plan years ending in 2015, the fee is due by July 31, 2016.  Continue reading Patient-Centered Outcomes Research Trust Fund Fee

An overview about Excise Tax Form 720

Businesses and individuals that do business in the U.S. are required by law to file taxes with the federal government. A variety of forms are filed based on varying circumstances of the individual taxpayer or company. A Form 720 is also known as a Quarterly Federal Excise Tax Return. Continue reading An overview about Excise Tax Form 720

Claim Your Refund With Form 8849 Only At TaxExcise.com

As the tax season draws ever close, so does the time of refunds. Who doesn’t love getting money back?! As the new tax year is approaching on July 1st, many of is out there are realizing that we didn’t actually reach the mileage requirement for paying heavy vehicle use tax in the previous year.

So truckers, how can you get some of the green back? Continue reading Claim Your Refund With Form 8849 Only At TaxExcise.com

Deal With The Schedules Of Form 8849- Part-I

Welcome back to our blog filers. We hope and wish you are pink of health. Today, we are going to talk about the Form 8849, an application for claims and refunds of Excise Tax. As each schedule holds upon its own value and significance, we would divide the blog into two parts and discuss each schedule in detail for better understanding.

Before any delay, we are hitting the topic. Continue reading Deal With The Schedules Of Form 8849- Part-I